Experimental Evidence on Returns to Capital and Access to Finance in Mexico

Experimental Evidence on Returns to Capital and Access to Finance in Mexico

A strong theoretical argument for focusing on access to finance is that financial market imperfections can result in large inefficiencies, as firms with productive investment opportunities underinvest. Lack of access to finance is a frequent complaint of microenterprises, which account for a large s...

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Bibliographic Details
Main Authors: McKenzie, David, Woodruff, Christopher
Format: Journal Article
Published: World Bank 2012
Subjects:
access to loans
developing countries
financial institutions
financial market
investment opportunities
market interest rates
microenterprises
productive investment
return
returns
Online Access:http://hdl.handle.net/10986/4488

Internet

http://hdl.handle.net/10986/4488

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